CapMan Plc Stock Exchange Release 11 Aug 2008 at 9.45 a.m.
Disclaimer
This stock exchange release is issued pursuant to the requirements of Finnish securities laws and regulations. This notice is not an offer of securities for sale in the United States or to a US person. The securities described in this notice have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to a US person absent registration or an exemption from the registration requirements. The terms “United States” and “US person” each have the meanings set forth in Regulation S promulgated under the United States Securities Act of 1933.
This stock exchange release is issued pursuant to the requirements of Finnish securities laws and regulations. This notice is not an offer of securities for sale in the United States or to a US person. The securities described in this notice have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to a US person absent registration or an exemption from the registration requirements. The terms “United States” and “US person” each have the meanings set forth in Regulation S promulgated under the United States Securities Act of 1933.
The Head of CapMan Public Market, Partner Jukka Ruuska has been appointed as a member of CapMan Plc Management Group and as Senior Partner as of 11 August 2008. CapMan’s Investment Director, Johanna Lindroos, and Joakim Rubin, Head of Corporate Finance and Debt Capital Markets at Handelsbanken Capital Markets, have been appointed partners in the CapMan Public Market team. Timo Peltola has been invited as Industrial Advisor for CapMan Public Market’s investment operations.
On 11 July 2008 CapMan Plc established a new equity fund, CapMan Public Market, which invests in listed Nordic companies. The establishment of the fund marks the inception of CapMan’s sixth investment area, CapMan Public Market. CapMan has raised a total of EUR 90 million in investment commitments to the fund, of which its own commitment is EUR 15 million. The fund will invest in listed Nordic companies with a market capitalisation of EUR 100 – 1,000 million. The CapMan Public Market team will use private equity-style value creation methods in its investment operations. The fundraising for CapMan Public Market fund continues.
Following today’s appointments, CapMan’s Public Market team will comprise four investment professionals, complemented by CapMan’s Advisor Network. The recruitment of Joakim Rubin significantly reinforces the team and its investment operations in Sweden.
Jukka Ruuska, LL.M., MBA, joined CapMan in summer 2008. His previous posts include President of the OMX Nordic Exchanges and President of the Stockholm Stock Exchange. From 2000 to 2003 he was the President of the Helsinki Stock Exchange. During the period 1988-2000, he held various positions in the telecommunications groups HTC and Finnet Group, and at the investment bank Prospectus Oy and KOP Bank. Jukka Ruuska has gained extensive all-round experience from listed Nordic companies.
Johanna Lindroos, M. Sc. (Econ.), CEFA, joined CapMan in 1999, and has since then worked in investor services, business development and technology teams. She has been involved in several transactions and has actively contributed to the development of portfolio companies through board work. From 2004 to 2005 she worked as Business Development Director at CapMan’s portfolio company Sentera Plc, where she was responsible for the company’s business development and M&A activities.
Joakim Rubin, M. Sc. (Eng.), will start work for CapMan on 1 October 2008. He joins CapMan from Handelsbanken Capital Markets, where he has served in various positions since 1995, most recently as Head of the Corporate Finance and Debt Capital Markets. Joakim Rubin has extensive experience of stock markets and M&As, and has been involved in numerous private equity transactions in Sweden.
Senior Partner Olli Liitola, M. Sc. (Eng.) is also a member of the CapMan Public Market team. He is also Deputy CEO of CapMan Plc. Olli Liitola joined CapMan in 1991.
Timo Peltola, B. Sc. (Econ.) Dr. of Economics (hc) is a former CEO of Huhtamäki Plc and currently serves on a number of boards. He is Chairman of the board of Neste Oil Plc, Vice Chairman of the Board of Nordea AB (publ.) and a member of the boards of TeliaSonera AB and SAS AB.
For further information, please contact:
Heikki Westerlund, CEO, CapMan Plc, tel. +358 207 207 504 or +358 50 559 6580
Jukka Ruuska, Head of CapMan Public Market, tel. +358 50 1732
Joakim Rubin, Partner, CapMan Public Market, tel. +46 705 584 278
Heikki Westerlund, CEO, CapMan Plc, tel. +358 207 207 504 or +358 50 559 6580
Jukka Ruuska, Head of CapMan Public Market, tel. +358 50 1732
Joakim Rubin, Partner, CapMan Public Market, tel. +46 705 584 278
CAPMAN PLC
Mari Reponen
Communications Director
Investor Services
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CapMan is one of the leading alternative asset managers in the Nordic countries and manages Nordic funds with approximately EUR 3.2 billion in total capital. CapMan has six investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science, CapMan Russia, CapMan Public Market and CapMan Real Estate), and each of them has a dedicated team and funds. Altogether CapMan employs 130 people in Helsinki, Stockholm, Copenhagen, Oslo and Moscow. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.
